Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Finland
Finland: Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 was 10.24 in 2024. ▼ Falling
Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Finland, 2003–2024
Source: International Monetary Fund.
Analysis
In 2024, harmonized euro area rates: loans, consumer credit and other, up to 1 in Finland stood at 10.24.
Compared with earlier readings it is up 6.9% on the previous year and up 60.3% over ten years.
Over the whole period, harmonized euro area rates: loans, consumer credit and other, up to 1 in Finland peaked at 11 in 2008 and was at its lowest, 6.14, in 2016.
That places Finland 8th out of 23 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 8.17 | — |
| 2004 | 7.87 | -3.7% |
| 2005 | 8.01 | +1.8% |
| 2006 | 8.77 | +9.5% |
| 2007 | 10.22 | +16.5% |
| 2008 | 11 | +7.6% |
| 2009 | 7.92 | -28.0% |
| 2010 | 6.75 | -14.7% |
| 2011 | 6.89 | +2.1% |
| 2012 | 6.43 | -6.7% |
| 2013 | 6.26 | -2.6% |
| 2014 | 6.39 | +2.1% |
| 2015 | 6.27 | -1.9% |
| 2016 | 6.14 | -2.0% |
| 2017 | 6.18 | +0.5% |
| 2018 | 6.2 | +0.5% |
| 2019 | 6.33 | +2.1% |
| 2020 | 6.51 | +2.9% |
| 2021 | 6.54 | +0.4% |
| 2022 | 7.07 | +8.1% |
| 2023 | 9.59 | +35.7% |
| 2024 | 10.24 | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.85 | 7.87 | 11 | 7 |
| 2010s | 6.38 | 6.14 | 6.89 | 10 |
| 2020s | 7.99 | 6.51 | 10.24 | 5 |
Countries ranked near Finland
More financial sector data for Finland
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 151.59 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 110.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 151.59 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is harmonized euro area rates: loans, consumer credit and other, up to 1 in Finland?
- Harmonized euro area rates: loans, consumer credit and other, up to 1 in Finland was 10.24 in 2024, according to International Monetary Fund.
- What is the highest harmonized euro area rates: loans, consumer credit and other, up to 1 recorded in Finland?
- The highest recorded value was 11 in 2008.
- What is the lowest harmonized euro area rates: loans, consumer credit and other, up to 1 recorded in Finland?
- The lowest recorded value was 6.14 in 2016.
- How does Finland rank for harmonized euro area rates: loans, consumer credit and other, up to 1?
- Finland ranks 8th out of 23 countries with data for 2024.
- Is harmonized euro area rates: loans, consumer credit and other, up to 1 rising or falling in Finland?
- Over the last ten years it is up 60.3%. The long-run trend across the full record is falling.
- Where does this Finland data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 year Outstanding Amounts, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.